Trend Table for IPB - Merrill Lynch & Co., Inc. 6.0518% Index Plus Trust Certificates Series 2003-1

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Current Trend Strength: Weak or Absent
Date Grade ADX Long Term Intermediate Term Short Term % Chg
Apr 6 C Weak or Absent Down Up Up 10.24%
Apr 4 C Weak or Absent Down Flat Up 12.05%
Apr 3 C Weak or Absent Down Flat Up 12.05%
Mar 31 D Weak or Absent Down Down Flat 12.76%
Mar 29 D Weak or Absent Down Down Flat 13.53%
Mar 28 D Weak or Absent Down Down Flat 13.31%
Mar 27 C Weak or Absent Down Down Flat 13.08%
Mar 24 C Weak or Absent Down Flat Flat 12.80%
Mar 23 D Weak or Absent Down Down Flat 13.30%
Mar 22 D Weak or Absent Down Down Flat 13.30%
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